ICT and National Guidance Minister Dr. Chris Baryomunsi speaking at the launch of Unicaf University With branches in Zambia, Malawi, Zimbabwe and learning centres across Africa, Unicaf University has launched in Uganda, joining 45 private Universities currently in Uganda. Data from the Ministry of Education and Sports shows that Uganda
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Facebook CEO Mark Zuckerberg Facebook announced over $9 billion in quarterly profits on Monday, hours after a US news collective published a deluge of withering reports arguing the company prioritises its growth over people's safety.The social media giant has been battling a fresh crisis since former employee Frances Haugen leaked
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Mobile money transactions hit a record Shs113.38Trn in Financial Year 2020/21, the Bank of Uganda 2021 Annual report has revealed. The Central Bank Governor Prof. Emmanuel Tumusiime-Mutebile says that in accordance with the provisions of the National Payment Systems Act 2020, each of the companies received a Payment Systems Operator (large funds transfer)
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Ambassador Fred Mugisha called upon Students to use this opportunity and create networks through the Seeds for the future program that will further their ambitions. [Kampala, Uganda, October 21st, 2021] Huawei has today kicked-off the 2021 edition of the Seeds for the Future training Program virtually. The launch has been
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It’s been thirteen years since the Ugandan payments landscape was disrupted by the First mobile money system. In 2009, MTN Uganda introduced the first mobile money transaction service and today, the sector has grown to more than 170 private players consisting of mobile network operators, commercial banks, non-bank financial institutions,
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Ronald Azairwe, the Managing Director, Pegasus Technologies Pegasus Technologies Limited, an indigenous Ugandan company, has become the fifth, company to receive a license from the Bank of Uganda to operate as a Payment Service Operator (PSO), having fulfilled the rigorous requirements of the National Payments Act, 2020 (NPS Act 2020)
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MTN Uganda CEO, Wim Vanhelleputte MTN Uganda’s Initial Public Offer is the biggest in the sense of Uganda’s stock market in many ways, including the fact that the company’s value is slightly bigger than the combined value of all the companies currently listed on the Uganda Securities Exchange. According to
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MTN Uganda CEO, Wim Vanhelleputte expects good public response to the share offer Over the next six weeks, investors will be able to apply for MTN Uganda shares after the Initial Public Offer (IPO) which was announced on Monday. With individual investments capped at 500 shares, each selling at 200 Shillings, the
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MTN Uganda Chief Executive Officer Wim Vanhelleputte The opening of the sale of shares of MTN Uganda to the public has caused a stir among Ugandans, especially the possible risks and what some have assumed as the exclusion of the mobile money business from the deal. As a requirement by
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Keith Kalyegira, the CEO at CMA. Telecommunications Company, MTN Uganda has been allowed to proceed with an Initial Public Offer (IPO) and issue shares to the general public, following approval of its prospectus by Uganda’s securities regulator, the Capital Markets Authority (CMA). This marks the fulfillment of part of its National
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